YONGE - LoopNet...Marble Slab Creamery Subway Natural Solutions Roots Starbucks Bat n Ro uge Smart...

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GREG RABIN* Associate Vice President [email protected] 905 234 0377 *sales representative MATTHEW PIESZCHALA Sales Representative [email protected] 905 234 0376 FOR MORE INFORMATION, PLEASE CONTACT: PREMIER FLAGSHIP RETAIL FOR LEASE YONGE STREET 336

Transcript of YONGE - LoopNet...Marble Slab Creamery Subway Natural Solutions Roots Starbucks Bat n Ro uge Smart...

Page 1: YONGE - LoopNet...Marble Slab Creamery Subway Natural Solutions Roots Starbucks Bat n Ro uge Smart Set Saks 5th Avenue Armani Exchange Atmosphere 7 Eleven BMV Muji H&M Flagship Joey’s

GREG RABIN*Associate Vice [email protected] 234 0377*sales representative

MATTHEW PIESZCHALASales [email protected] 234 0376

FOR MORE INFORMATION, PLEASE CONTACT:

PREMIER FLAGSHIP

RETAIL FOR LEASE

YONGE STREET

336

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TA B L E O F C O N T E N T SEXECUTIVE SUMMARY

BUILDING FEATURES

STREETSCAPES

FLOOR PLANS

RESIDENTIAL DEVELOPMENT

PEDESTRIAN AND VEHICLE COUNTS

DEMOGRAPHICS

01

03

06

02

05

04

07

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Q Why is Downtown Yonge the premier shopping and entertainment destination in the Greater Toronto Area?

PREMIER F LAGSH IP RETA I L FOR L EASE 3

¢E X E C U T I V E S U M M A R Y

CBRE Retail Leasing Team is extremely excited to bring to market this Flagship Retail opportunity located at Yonge & Gould, also known as the Gateway to Ryerson University. The site is located directly across from the new Ryerson Student Learning Centre & a half block north of Canada’s busiest intersection, Yonge & Dundas. Yonge & Dundas has been, coined “Canada’s Times Square” & sees over 60 Million visitors per year. It is anchored by Toronto Eaton Centre, which is routinely in the top 3 performing malls in Canada & one of the top tourist destinations in the country. Toronto Eaton’s Centre has recently added new retailers Saks 5th Ave, Nordstrom & Uniqlo. Couple this with Ryerson University & their over 30,000 students’ makes this one of the most highly sought-after areas in the country.

A significant 57% of visitors to the District have the express purpose of

shopping and the mean spend is over $100/person on average.

Toronto Eaton Centre achieves the highest retail

sales per square foot of any mall in Canada, at $1,143/

sq.ft

About 41,000 office workers come into Downtown Yonge

everyday for work, with retail potential estimated at

$265 million a year.There are 115,000 students in the District with retail

potential estimated at $308 million a year.

Special signage permissions in Downtown Yonge – not available

elsewhere in the city – offer retailers an exclusive opportunity to raise the

Shoppers enjoy a range of shopping choices, with four malls –

including Toronto Eaton Centre, Atrium on Bay, College Park and 10 Dundas East - and a multitude of unique and boutique

streetfront retail.

Some 124,000 residents live within a 20-min radius of

Downtown Yonge and close to 6,000 residential units completed,

approved and proposed in and around Downtown Yonge.

With over 12,477 parking spaces available for visitors

and both streetcar and subway service, Downtown Yonge is easily

accessible by both private and public transport.

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PREMIER F LAGSH IP RETA I L FOR L EASE 4

LOCATION

Northwest corner of Yonge and Gould Downtown Toronto

TERM

10 Years + 2 x 5 year options to renew

AVAILABILITY

Immediate

TMI:

NUMBER OF FLOORS

Ground floor - 4,043 sq. ft. Basement - 2,546 sq. ft. Mezzanine - 1,913 sq. ft.

LEASEHOLDS

TBD depending on corporate convenant

SIGNAGE

Billboard signage currently rented at $10,000/month

ASKING NET RENT

Contact Listing Agent

¢D E TA I L S

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YONGE ST RETAIL

AURA AT COLLEGE PARK

YONGE/DUNDAS SQUARE

YON

GE

STR

EET

DUNDAS STREET

THE EATON CENTRE

10 DUNDAS ST

RYERSON UNIVERSITY26,000 Undergraduate Students2,300 Graduate Students780 Faculty1,700 Administrative Staff30,780 TOTAL

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¢YO N G E & D U N DA S

PREMIER F LAGSH IP RETA I L FOR L EASE 6

AVAILABLE 43,000 SQ. FT. FORMER FUTURE SHOP 2ND FLOOR

TOTAL OF 15,000 SQ. FT. OVER 3 FLOORS AVAILABLE

YON

GE STREET

GERRARD STREET

QUEEN STREET

GOULD STREET

DUNDAS STREET

DUNDAS SQUARE

SHUTER STREET

WALTON STREET

ELM STREET

Barclay Jewelry

Future Development

ateazeThe Big SliceDoner Kebab HouseVIP Billiard ClubNoori ExtensionEvergreen Yonge Street MissionRemingtonsTea Shop 168Loft CinemasMade in ChinaKorean Grill HouseXTCStyle SocietyUltimate TatooBuffet PalaceWanda’sClub ZanzibarPlay De RecordCash MoneyAli Baba’s

Ali Baba’sAli Baba’sHMV

Five Guys Burgers and FriesSilver Snail

Davids Tea

Ali Baba’sAli Baba’sPopeye’sThree Brewers RestaurantHard Rock Cafe

Asian BowlAli Baba’sAli Baba’sEB Games

Tim HortonsEd Mirvish Theatre

Downtown JewelleryAli Baba’sAli Baba’sParamount Fine Foods

VansFoot Locker

Burger KingAli Baba’sAli Baba’sMoney Mart

Payless ShoesStag Shop

Urban Outfitters

CONDOS IN DEVELOPMENT

TangerineAli Baba’sAli Baba’sRitz Caribbean Food

Yonge Suites ResidentialEighth and Main

Home SenseElgin Theatre

BMOAddition Elle

Firkin on Yonge

Chipotle Mexican GrillRogersGoodlifeWatch It!Adidas Blaze Pizza Milestones

DUNDASSQUARE

Wind Mobile

GingerNew Ryerson Student Learning Centre

Ryerson University Student Centre – Entrance to Ryerson Campus

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AVAILABLE 4,000 SQ. FT. FORMER SUNRISE RECORDS

DEVELOPMENT SITE AVAILABLE FOR LEASE

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Boat House

Forever 21

Top Shop The Bay

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The Pickle Barrel

Atrium on Bay Atrium Entrance

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UniQlo

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Lobby

Canadian Tire

Spring Rolls

Panera Bread

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REDEVELOPMENT OF EATON HOTEL 1,900RESIDENTIAL UNITS

4 NEW TOWERS45-80 FLOORS +

200,000 SQ. FT. OFRETAIL SPACEIN PODIUM

DEVELOPMENTSITE

RESIDENTIAL CONDO

2 TOWERS OF30 FLOORS

2 X 63-STOREY AND

72-STOREY TWIN TOWERCONDO DEVELOPMENT

WITH 3-LEVEL RETAILPODIUM FACINGYONGE STREET

GLA = 142,000 sq. ft.65 Stores and Services

AMC TheatresJack AstorsTim HortonsShark Club

BestBuy

New NordstromFlagship

Mall

Entrance

Eaton CentreGLA = 1,600,000 sq. ft.250+ Stores and Services3½ Levels + 1,400 Parking Spaces

Rates vary depending on size and use from $35 Net to $200 Net (excluding food court). Additional rents can be in excess of $110 per sq. ft.

BasilBox

Starbucks

Available 2019-2020

Up to 25,000 sq. ft.Available 2019

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Ground Floor4,043 sq. ft.

Basement 2,546 sq. ft.

Second Floor (Mezzanine) 1,913 sq. ft.

PREMIER F LAGSH IP RETA I L FOR L EASE 7

¢F LO O R P L A N S

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PREMIER F LAGSH IP RETA I L FOR L EASE 8

¢D E V E LO P M E N T

Nowhere else is Toronto’s residential intensification more apparent than in the immediate area surrounding 279-283 Yonge Street. There are currently over 5,100 residential units recently completed, and an additional 7,600 units are proposed, approved or under construction in a direct proximity to the site. In addition to these projects, there are two additional large scale projects within one block of the site in the pre-approval process; the former World’s Biggest Bookstore at 20 Edward Street and KingSett Capital’s land assembly on the southeast corner of Yonge and Gerrard. These projects will likely add several thousand more residents to the immediate area.

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0 30000 60000 90000 120000 150000

Vehicles

Pedestrians Apr-16

Mar-16

Feb-16

Jan-16

Dec-15

Nov-15

Oct-15

Sep-15

Aug-15

Jul-15

Jun-15

May-15

Apr-15

PREMIER F LAGSH IP RETA I L FOR L EASE 9

¢D E M O G R A P H I C S

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PREMIER F LAGSH IP RETA I L FOR L EASE 10

¢D E M O G R A P H I C S

175,000 RESIDENTS

FASHION RETAILERS

RESTAURANTRETAILERS

SERVICERETAILERS

500,000+EMPLOYEES

ARE WITHIN A 10 MINUTE WALK OF DOWNTOWN YONGE

50%of residents are 24-44 years old

$99,209average income

per year

131 fashion stores make up over 20% of all retail in the district

$4,658 ON CLOTHING

22% *MORE ON JEWELRY

$3,751ON FOOD

$2,324ON RECREATION

29%*MORE ON LAUNDRY AND DRY CLEANING SERVICES

$484ON LIVE ENTERTAINMENT

182 restaurants make up over 28% of all retail in the district

102 service providers make up 16% of all retail in the district